All News

Weekly Wool Market Commentary 16/08/2018

Week 07: 16/08/2018 The AWEX EMI increased 126c to close the week at 2116c at auction sales in Australia. 36,302 bales went on offer in Sydney Melbourne and Fremantle with 98.5% of the offering cleared as emotive buying took over in the sale rooms. Wednesdays ... Read More

Weekly Wool Market Commentary 09/08/2018

Week 06:  The AWEX EMI closed on 1990c delivering a 9c increase for the week. The positive result produced a clearance rate of 95.3% of the 49,415 bale offering, as auction sales resumed after their three week recess. The expectations going into the week were ... Read More

Weekly Wool Market Commentary 12/07/2018

Week 02:  The AWEX EMI closed on 1981c - down 13c at auction sales in Australia this week. The softer market seemed to find a level that traders and exporters were comfortable to purchase by midway through Wednesday’s sale. By Thursday, there were some more ... Read More

Weekly Wool Market Commentary 05/07/2018

Week 01: 05/07/2018 The AWEX EMI closed the week on 1994c, down 62c at auction sales in Australia this week. The $64m question of what factors triggered the opening sale of the New Financial year that resulted in the largest fall in 6 years. Whilst ... Read More

Weekly Wool Market Commentary 28/06/2018

Week 52:  The AWEX EMI closed out the week (and the end of financial year) on 2056c - down 17c. The feature of the final week of sales in the 2017-18 financial year was the slight retracement of last week’s extraordinary record price levels. Despite ... Read More

Weekly Wool Market Commentary 21/06/2018

Week 51: 21/06/2018 The AWEX EMI closed the week on 2073c - adding 52c at auction sales in Australia. Only 20,904 bales went under the hammer in Sydney and Melbourne and with no sale in Fremantle this week, the offering has been recorded the smallest ... Read More

Weekly Wool Market Commentary 14/06/2018

Week 50: 14/06/2018 The AWEX EMI closed the week on 2021c posting a 10c rise at auction sales in Australia this week. 28029 bales went under the hammer this week as Fremantle returned to the auction rooms after a 1 week break. Once again the ... Read More

Weekly Wool Market Commentary 07/06/2018

Week 49:  The AWEX EMI closed the week on 2011c - down 16c at auction sales in Australia. In what was the smallest offering of the season (26,942 bales) with no Fremantle sale this week, the market struggled to maintain the accrued rises of the ... Read More

Weekly Wool Market Commentary 31/05/2018

Week 48:  The AWEX EMI continued to break into new price territory, closing the week on 2027c - a weekly increase of 44c in AUD and 32c in USD terms (now on 1533c). A combination of the underlying forecast of low production, matched with the ... Read More

Weekly Wool Market Commentary 24/05/2018

Week 47: The AWEX EMI pushed 40c higher to close the week on 1983c at auction sales in Australia this week. The new EMI record has pushed all Merino MPG’s into record territory and has the 28 MPG and the MCI at their 99th percentile ... Read More

Weekly Wool Market Commentary 17/05/2018

Week 46: The AWEX EMI continued to push through last week’s price record to set a new EMI record of 1943c. The increase measured 52c AUD (49c USC) and the calmative rises of the EMI now totals 167c. Merino Fleece categories led the charge with ... Read More

Weekly Wool Commentary 10/05/2018

Week 45: 10/05/2018 The AWEX EMI posted a 55c increase to close on 1891c at auction sales in Australia this week. The weekly increase in the EMI was the largest since February this year, in addition it surpassed the previous record for the EMI of ... Read More

Weekly Wool Market Commentary 03/05/2018

Week 43:  The AWEX EMI closed the week on 1836c - down 10c at auction sales in Australia this week. The softer tone was a little confusing given the AUD continued to fall across the selling week, however after the past few weeks it is ... Read More

Weekly Wool Market Commentary 26/04/2018

Week 43: The AWEX EMI closed the week on 1846c - posting a rise of 21c and surpassing the previous record EMI of 1834c set in February this year. The current level is 23% or 345ac higher than at the same sale week of last ... Read More

Weekly Wool Market Commentary 19/04/2018

Week 42:  The AWEX EMI closed the week on 1825c - up 49c in a week that saw every micron category post gains. The positive market sentiment followed on from last Thursday’s upward swing and both sale days shared the solid weekly rise. Predictably a ... Read More

Weekly Wool Market Commentary 12/04/2018

Week 41:  The AWEX EMI closed the week on 1776c - up 4c for the week at auction sales in Australia. The EMI posted a healthy 12c rise in USD as sales resumed after a one week Easter recess offering 54,409 bales with a credible ... Read More

Weekly Wool Market Commentary 28/03/2018

Week 39: The AWEX EMI closed the week on 1772c - down 6c at wool sales in Australia. The market reversed the previous week’s positive finish struggling from the sale opening at the special sale held at the Sydney Royal Easter Show. All merino fleece ... Read More

Weekly Wool Market Commentary 22/03/2018

Week 38: The AWEX EMI closed the week at 1778c - up 27c at auction sales in Australia. The market was generally in the hands of an irregular AUD/USD currency exchange as the AUD fell to below 76.8 US from 78c on Wednesday, then recouped ... Read More

Weekly Wool Market Commentary 15/03/2018

Week 37: The AWEX EMI continued its downward trend closing the week on 1751c - down 27c at auction sales in Australia this week. With the previous week’s losses of 52c still fresh in our minds, the trade were expecting the market to find a ... Read More

Weekly Wool Market Commentary 08/03/2018

Week 36: The AWEX EMI closed on 1778c, down 52c, at auction sales in Australia this week. The negative reaction to last week’s record high EMI (1830c) took some of the industry by surprise which was reflected in the 11% pass in rate from the ... Read More

Weekly Wool Market Commentary 01/03/2018

Week 35: 01/03/2018 The AWEX EMI pushed to new (end of week) heights closing on 1830c - up 10c for the week at auction sales in Australia. The 93.4% of the 44,150 bale offering was cleared as exporters started the selling week on a positive ... Read More

Weekly Wool Market Commentary 22/02/2018

Week 34: The AWEX EMI posted an 8c rise to close the week on 1820c at auction sales in Australia this week. The local market was aided by a depreciating currency exchange (AUD -1.7% v USD) which in effect means that whilst the EMI has ... Read More

Weekly Wool Market Commentary 15/02/2018

Week 33:  The AWEX EMI endured a slight correction falling by 6c and closing on 1812c after last week’s sharp rise. The correction was evident from the auctions opening as buyers immediately felt the pressure of tougher business conditions with their OS customers. The AUD ... Read More

Weekly Wool Market Commentary 08/02/2018

Week 32: 08/02/2018 The wool market found its mojo once again at auction sales in Australia this week. The benchmark AWEX EMI added a massive 80c (the largest weekly rise since Jan 2011) and closed the week at 1818c at auction. In effect, this week ... Read More
Loading...